Just read this from Lebrun. I wonder what this will do Lu's value. I am pretty sure it just got worse.
Here’s LeBrun on the new rule that targets cap circumventing deals that are already on the books:
To wit: let’s say the Canucks trade Luongo soon. Luongo has played two years of his 12-year contract, the Canucks paying him $16.716 million in salary but only absorbing a $5.33 million cap hit each year. That’s a cap savings of $6.056 million over two years so far for Vancouver. Under this new rule, should the Canucks trade him now and he retires with three years left on his contract, Vancouver would be charged that $6.056 million in cap savings over the final three years left on his deal from 2019 to 2022. However, let’s say for argument’s sake Luongo gets traded to Toronto, the Maple Leafs also would be subject to cap penalties if Luongo retires before the end of his deal.
To wit, part 2: If Luongo were to play the next seven years of his deal in Toronto before retiring, the Leafs would be paying him $43.666 million in salary but only counting $37.31 million against the cap over those seven years, a cap savings of $6.356 million. So if Luongo retires with three years left on his deal (because his salary falls to $1.618 million in the 10th year and then $1 million in the last two years of the deal), the Leafs would get charged that $6.356 million on their cap spread evenly over the remaining three years of his deal.
4 less points in 30 less games, not nearly as small, and I still wouldn't say he'll be lighting up the NHL at any point soon. Hell, more points in less games counting his NHL production. Kadri is at least a point per game in the AHL, Schroeder is half that.
Schroeder is a career AHLer. Not even a first line AHLer. To claim he's going to fare better in the NHL than he is in the AHL is somewhat ludicrous. - prock
Just read this from Lebrun. I wonder what this will do Lu's value. I am pretty sure it just got worse.
Here’s LeBrun on the new rule that targets cap circumventing deals that are already on the books:
To wit: let’s say the Canucks trade Luongo soon. Luongo has played two years of his 12-year contract, the Canucks paying him $16.716 million in salary but only absorbing a $5.33 million cap hit each year. That’s a cap savings of $6.056 million over two years so far for Vancouver. Under this new rule, should the Canucks trade him now and he retires with three years left on his contract, Vancouver would be charged that $6.056 million in cap savings over the final three years left on his deal from 2019 to 2022. However, let’s say for argument’s sake Luongo gets traded to Toronto, the Maple Leafs also would be subject to cap penalties if Luongo retires before the end of his deal.
To wit, part 2: If Luongo were to play the next seven years of his deal in Toronto before retiring, the Leafs would be paying him $43.666 million in salary but only counting $37.31 million against the cap over those seven years, a cap savings of $6.356 million. So if Luongo retires with three years left on his deal (because his salary falls to $1.618 million in the 10th year and then $1 million in the last two years of the deal), the Leafs would get charged that $6.356 million on their cap spread evenly over the remaining three years of his deal. - Bluechip23
If Weber retires on the last year of his contract Nashville will be on the hook for 30 Mil against the cap . Suter and Parise will be on the hook for 20 Mil each if they retire so Lowongo at 6.33 sounds like an effin bargain
Man, I am so excited about hockey starting and NFL playoffs. The changes I made in my business mean I can make $187/hr while watching hockey, football, and Wicked Tuna. Hell, I can watch anything and make $187/hr, as long as the orders keep coming in.
